TO LET / MAY SELL Former Nightclub Premises

Report 3 Downloads 84 Views
TO LET / MAY SELL Former Nightclub Premises Tower Street, Coventry, CV1 1JN

18,509 sq ft (1,720.20 sq m) NIA

+ + + +

Opposite new 900 unit student accommodation scheme Imposing city centre building Adjacent to public surface car park Suitable for a variety of uses (other than night-club)

Regulated by RICS

T/ F/ E/ W/

024 7623 2970 024 7615 8530 [email protected] www.spmcommercial.com

Former Nightclub Premises Tower Street Coventry CV1 1JN

Location The former nightclub is situated just off Tower Street, less than half a mile and within 5 minutes’ walk from Coventry City centre. Directly opposite the property is the former Royal Mail sorting office Bishop Gate, which is currently being redeveloped for a mixed use scheme including student accommodation. Description The property comprises a popular purpose built nightclub, dating from the 1970’s arranged over basement, and 3 upper floors close to the heart to the Coventry City Centre. The basement is used as a cellar/bottle store. The ground and first floors were used primarily as the nightclub venue, and the second floor was previously used as a VIP area. The premises may be suitable for a variety of uses which could include leisure uses such as gymnasium, sports hall, theatre, casino or institutional uses, subject to gaining the necessary planning consent. Interested parties are advised to make their own enquiries to Coventry City Council on 024 7683 333. Please note that the premises will not be used as a nightclub. Accommodation Basement Ground Floor First Floor Second Floor Total net internal area

Sq m 189.68 652.58 652.58 225.36 1,720.20

Sq ft 2,041 7,022 7,022 2,425 18,509

Tenure The property is available to let on a full repairing and insuring lease, on terms to be agreed. Alternatively a sale of the Long-leasehold interest may be considered. Rent £90,000 per annum, exclusive of VAT. Rates Rateable Value Uniform Business Rate Rates Payable

£65,000.00 (2015/16) at 49.3p in £ £32,045.00

Energy Performance Certificate Band F - 137 Legal Costs The ingoing tenant will be responsible for the landlord’s reasonable legal costs in the granting of a new lease. VAT We understand that VAT will be payable upon rent. Further Information & Viewing James Compton ([email protected]) 024 7717 0037 Jonathan Moore ([email protected]) at joint Letting Agents Shortland Penn + Moore 024 7623 2970 or David Penn at Bromwich Hardy. Subject To Contract

Important Notice: 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Shortland Penn + Moore in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither Shortland Penn + Moore nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken.

Office EC1.3 Enterprise Centre Coventry Uni Tech Park Puma Way Coventry CV1 2TT T/ F/ E/

Victoria House 114-116 Colmore Row Birmingham B3 3BD

024 7623 2970 024 7615 8530 [email protected]